Olympic merchandise selling briskly in Japan amid risks of COVID infections
Jul 31, 2021 23:56 pm UTC| Sports Economy
Sales of official Tokyo Olympics merchandise such as badges and keyrings have been surging as Japans medal haul grows, with fans taking risks against COVID-19 infections by queuing outside stores. The traffic surge even...
UAE's plan to burn 2/3 of trash seen negating carbon neutrality goals
Jul 31, 2021 23:55 pm UTC| Nature Economy
The UAE is constructing a $1.1 billion waste-to-energy facility in Dubai that will help burn up to two-thirds of the countrys trash to deal with a growing refuse problem. The facility is part of a series of waste...
Nine firms submit letters of intent to acquire SsangYong Motor
Jul 31, 2021 23:55 pm UTC| Economy Business
Nine companies have submitted letters of intent to acquire SsangYong Motor Co., which reportedly include US-based Cardinal One Motors, SM Group, and Edison Motors Co. SsangYong did not divulge the names of the nine...
Hotel Shilla posts 12 billion won net profit in Q2
Jul 31, 2021 23:51 pm UTC| Economy Business
Hotel Shilla Co. reported a second-quarter net profit of 12 billion won, swinging last years loss of 67.7 billion. The companys second-quarter operating income of 46.4 billion was a turnaround from a loss of 63.4...
Toyota sells 5.47 million vehicles in H1 to outpace VW, retains crown as world's best-seller
Jul 30, 2021 23:52 pm UTC| Economy Business
Japans Toyota Motor Corp sold a record 5,467,218 vehicles globally in the first half of 2021, up 31.3 percent on-year, to outpace German archrival Volkswagen AG and retain its crown as the worlds best-selling...
Victoria’s Secret owner vows to strengthen sexual harassment policy in lawsuit settlement
Jul 30, 2021 23:52 pm UTC| Law Economy
Victorias Secret owner L Brands Inc. agreed to a settlement promising corporate governance and management measures, which includes strengthening policies against sexual harassment. Other workplace reforms included in...
Hahn & Co. mulls legal action against Namyang Dairy for takeover delay
Jul 30, 2021 23:51 pm UTC| Law Economy
Buyout firm Hahn Co. is considering legal action against Namyang Dairys ex-Chairman Hong Won-sik for delaying the 310.7 billion won buyout without consent. Namyang Dairy rescheduled the extraordinary shareholders...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects